Jan 25, 2013 4:00am EST
$27.19 a share. >>> starbucks got a good geologist despite the weak economy. the company reported on thursday a 13% increase in profits for the second fiscal quarter. part of that is due to brisk sales in china where starbucks is expanding. the other big driver is more customers buying food with their coffee. starbucks stock was up 24 centses to $51.84 a share. >>> the nomination process for mary jo white, president obama's choice could be a difficult one. mr. obama introduced her on thursday. questions will likely be raised about her time in private practice when she represented companies that have often come before the s.e.c. >>> the u.s. postal service will raise the price of mailing a letter or shipping a package on sunday. a first class stamp will go up by 1 cent to 46 cents. as in recent years these will be so-called forever stamps meaning they're good for the future, regardless of price changes. >>> and a new twist in a long and costly lawsuit over those popular bratz dolls. an appeals court tossed out the millions they were ordered to pay. they have been engaged a lawsuit sin
Jan 21, 2013 4:00am PST
. >> reporter: erin and dino just bought their dream home. >> it felt like the economy was starting to turn and at the same time the interest rates were getting lower and lower. that created a sense urgency. >> reporter: they are hardly alone. here in east los angeles sales have tripped over the year. they're now selling homes faster than they can build them. >> this community is hopping. there's a lot of activity. >> reporter: this real estate agent says it's a stark contrast to the scene here five years ago when the real estate boom went bust. there was a period when this was like a ghost town. >> that's a very good word for it. it was very desolate. i did a lot of short sales, helped people move out of their homes, out of their dream homes, and had nowhere to put them. >> reporter: and now it's exactly the opposite. >> absolutely. now we're seeing it come full circle. >> reporter: and then some. they haven't even furnished their four-bedroom home with a view, but they've already been approached by people asking -- >> are you interesting in selling? i goo, you'll have to talk to my wife.